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20121201
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a fine point on this. bob dean from the nrcd action fund is willing to go along with helping the chinese develop their natural gas reserves so that they don't become too dependent on coal. i think that's news. >> what we're trying to do is to encourage the chinese to promote all kinds of clean technology. we've had an office in beijing since 1995 and 30, 35 people there, we have good contacts in the government. good contacts in the business community and we're making a difference there, but what it's about, is helping the chinese to improve their efficiency. david, their industrial efficiency is improved by two-thirds since 1980, but they're still 15 to 20% behind where they need to be. they are he going to get there in the next-- >> let's be realistic, you're comparing natural gas and wind mills, it's going to be a long time before wind mills can get to where natural gas is. if we have to deal with a solution right now for the chinese to prevent them from spewing out all of that coal. 70% of their energy needs is coal-produced. if we want to switch to something cle something cleaner. na
. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fex office. >> two big stories coming together today in michigan. first off, the new right to work rules will become law tomorrow. the unions are absolutely furious out protesting yesterday and big demonstrations still to come. listen to this. >> and tuesday, they're going to try to reconcile the bill and the governor who said he didn't want the legislation now all of a sudden says he's going to sign it. it's an attack on working families. whoa, an attack on working families? i'll have my take on those exact words and what they mean in the next hour. meanwhile, pres
in connecticut was so horrific and to such a deeply personal way that it will be a catalyst for action of some kind, not necessarily action which will be successful in getting these guns out, but action of some kind. charles: any politician, i mean, you thought that grover norquist thing was under a lot of pressure, anyone who signed that has been under significant pressure, but anyone who says that they are not for banning assault weapons is in a lot of problems as is a politician. david: again, we tried it. we had a ten year experiment with it. it didn't really significantly change. in fact, some people argue that gun violence went up with the automatic weapons ban. going to be a lot of debate on this. stuart: maybe it is all new now. we shall see. any minute now we're expecting speaker boehner to speak following his meeting with republicans. we already broke the news this morning that he is proposing a plan b, that would be a vote on just the tax side of the fiscal cliff negotiations. i believe that speaker boehner is about to appear. as soon as he appears in front of that podium that you c
it be with congress or strikes, there need to be consequences for people's actions, stuart. stuart: you're right. here we are at the end of the year, we've run out of money and a fiscal cliff crisis on our hands, dock workers are probably going to go on strike. it's coming to a head and we thought everything would be resolved by the election we had a couple of months ago, it's just not working, is it. >> no, it's not. we thought it would be a slow news cycle and certainly that's not happening. stuart: no, no, no, it's not happening. of course in the news business, that's kind of good news, isn't it? carol roth, we appreciate you being with us. thanks indeed, carol. toyota, here is the news, it's going to pay a fine of 1.1 billion dollars. it will settle those lawsuits, remember the scandal? that unintended ak sole ration n some cars that took off on their own. the-- that's actually up. it's a lot of money to pay for a fine, but investors knew it was coming and factored into the stock and maybe some relief it's only, quote, unquote, 1.1 billion. the next question, of 1.1 billion how much did the lawyer
with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. a story we brought to you a moment ago. it is a clear warning from fitch, which is the ratings agency. it says the fiscal cliff is quote, the single biggest near term threat to the world economy, given its potential to tip the u.s. into an unnecessarily -- unnecessary and avoidable recession. it is warning of a downgrade if a deal doesn't get done. that is from fitch. >>> joining us now from the chicago mercantile exchange, the cme is larry levin of trading advantage. larry, that's a warning, straightforward, clear cut, from fitch. if you go over that cliff, we're going to downgrade you, because you're going to have a recession. what do you make of it? >> well, it's interesting. i thought it would have made some selling come into the stock index that are trading behind me, stuart, really didn't do that. in fact it was actually almost unnoticed as far as the traders were c
's the national founder of action against obesity and with us. before i let you do a victory lap. let's define our terms here. obesity in children in new york city schools between 2007-2011 have dropped. how do we define obesity. >> for children roughly in the 95th percentile or above compared to the other children. stuart: that definition has not shifted. you're not cooking the numbers. >> not during that time frame at all. >> so if you're in the top five percentile of weight versus height, you are obese and the number in that percentile is falling in new york city, los angeles, have i got a right. >> that's right. stuart: what is your explanation? why is this happening? >> i don't think it's time for a mission accomplished banner, but, i think after seeing decades of rates that triple, that seeing a flattening and even a flight decline is so encouraging, stuart, and i think it's-- >> and why is it happening? >> it's validation that when parents become informed, that they'll make different decisions about their children and also, when you look at the cities, philadelphia, new york, l.a., there i
'll be on it through the program and our cameras are right at the action in lansing, michigan. we're also talking to the mayor of lansing, virg bernaro next hour. and remember the chrysler workers smoking and drinking during the lunch break? two suspended and they got their jobs back. that was an arbitrator's ruling. under the union contract they were on their own time. chrysler says it disagrees with the decision, can't change it, that's the example of the union's power. and tell us what you think about the workers getting their jobs back. and we'll read some on the air. more fantasy island in california, coming up after the break, why california's green energy policies just don't work and we're also going to bring you the opening bell and we've got more companies issuing special dividends before the end of the year. including the one that runs victoria's secrets. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that hes block stomach acid from splashing up- relieving the pain quickly. try fast, lo
rasmussen, look at what they show. almost half of us believe that taking action to treat mental illness will do the most to prevent another tragedy like newtown, compare that to a little more than a quarter of us who think that stricter gun cell laws will do that joining us is scott rasmussen from rasmussen reports who conducted that poll. i'm surprised, i would have thought that with all of this talk about got to get rid of assault weapons, that would be the number one choice of prevention by most americans, but that's not the case. tell us about it. >> yeah, first of all, 86% do think that we need to do more to identify and treatment mental illnesses and part that have comes from the fact that we look at an incident like this and your reaction is nobody in their right mind could have done it, there's a problem there. 49% seem to think we need to eliminate violence on movies and video games. and those that want gun support laws that's the highest measure, two points higher than the horror at virginia tech five years ago, if you put it together. people want to see something done. they a
action tax rates will go up on every american taxpayer and devastating defense cuts will go into effect in ten days. the house has already passed bills addressing the fiscal cliff. perhaps replacing the president's sequester with responsible spending cuts and did it last may. we passed a bill to stop all the tax hikes on the american people to take effect jan. first and we did that on august 1st. we propose plans over and over again that democrats used to support but now they won't. i don't want taxes to go up, republicans don't want taxes to go up but we only run the house. democrats continue to run washington. what the president has proposed so far won't do anything to solve our spending problem. more spending and more tax hikes will hurt the economy and simply won't deal honestly with the entitlement reform and the big issues facing the country. we need significant spending cuts and real tax reform to address our long term debt problem and pave the way for long-term growth and real growth in jobs in our country. we will continue to work with our colleagues in the house and senate on
's not a death spiral if politicians take the right action in regard to state worker pensions. this can be done. >> i think there's a way to stay in california and marry your state's great weather to-- >> why aren't they doing it? you know in california the unions would, and in illinois, the unions would never stand for the kind of steps that you're talking about, never. >> the most that's been done anywhere is to put new employees into a 401(k) plan and that's not even happening in california. stuart: you're not answering my question. you know perfectly well the unions would not stand for it, would they? >> they have a super majority. >> the unions do. >> right. >> if that answers the question. >> and they won't stand for it, right? >> won't stand for it. death spiral stands. >> bill baldwin, you come back and see us again. write another article like that one and you'll be back. >> time for the gold report, i'm a little behind the times, late, but nonetheless, 1,717 an ounce and we're up 460. right around 1700, 1750 for a couple of weeks. and kansas city chiefs, the linebacker, jovan belcher k
's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. well, having a ton of locations doesn't hurt. and a santa to ot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stss. fedex office. >> the big story this morning is a big name and you know it and probably own it. apple had its worst trading day in four years and it's facing real competition from the samsung galaxy, its smart phone market in china is down, but perhaps more importantly, investors are selling, piling out, taking profits before the new year when the tax on profit goes up. if you have an american-based mutual fund, apple is probably in it. let's look at apple's stock price pre-market right now. i'm afraid ladies and gentlemen, we're down again and it's probably going to open $9 lower than yesterday. and nicole is on the floor of the new york stock exchange, and tell me, is anybody down there talking about apple at this price a
? this is a classic example of unintended consequences, when you start talking about raising taxes, people take action to reduce their liability. that's human nature, that's common sense. on this, on the stories you cite, stuart. two quick comments, number one, you can be pretty certain, dividends and capital gains will be taxed higher because of that 3.8 sur tax because of obamacare, that you can count on. second story, charitable contributions that's not ascertain as the 3.8% sur tax. >> i don't think we're going to see any restriction on the mortgage interest deduction. i don't predict that's going to happen. only 27% of people claim the mortgage interest deduction is a relatively small number. don't think it's going to happen. >> i don't rule out some kind of restriction on second homes or, you know, vacation homes, something like that. but any direct assault on that and i would add, any direct assault on the muni bond deduction, to me, is very unlikely. stuart: yeah, look, everybody here and i'm sure our viewers, they're fiscal cliff cliff fatigued to death. it's a real turnoff and we know it, bu
-fast position on raising tax rates? >> well, rates are where the real action is, i mean, if you broaden the base and lowered rates, tax revenues on the rich went up. you'd have far less-- and the when you're growing the economy and profession of vobs and output, employment production. stuart: why is he doing it? >> i don't know, maybe because he thinks he can. he won a big election and push it on whether it's right or wrong. stuart: i think he had a round of golf with former president bill clinton just the other day. >> yeah. stuart: and bill clinton was-- you voted for him, twice. >> i sure did, he was a good president. stuart: do you think there's they chance that some of the moderation of blirn will rub off on the leftism of president obama? >> no, i think that clinton's leverage is gone totally. he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the en
-- if you will notice, the market action, the stock market is not falling off a cliff because they haven't reached an agreement. is it possible that you get sort of a psychological rally and then a sell off into that? i think that's probably more likely. stuart: we hear you, tres. thank you very muuh indeed for joining us again. i mentioned this a couple minutes ago a landslide victory over the weekend for liberal democratic party in japan. that means more money printing, a lot more stimulus. is that going to bring japan out of its 20-year doldrums? joining us now is keith fitzgerald with money map press. he's just come back from a trip to japan on friday i think it was. you spent a lot of time -- you're our japan expert, right? that's basically what you are? >> well, expert is a big term but i have been over there for more than 20 years off and on. i think i know about that much. stuart: we have discussed money printing and more stimulus, is it going to get them out of the doldrums. but i have another question, the new prime minister, he's making noises about abandoning the pacifist ele
be vulnerable to crooks. and i like the newspaper is justifying the action, look, our reporter owns a gun. where is his address printed in the newspaper and are they going to print the addresses of everybody in the newspaper? you don't see that information. maybe then they'd see how people feel about invasion of privacy. david: i don't know-- i don't mind that the crooks know i own a gun. break-in rates are less in texas because people assume they have a gun. the privacy bothers me a lot. the government, obviously, the government can get whatever they want, but any particular government official would know if i have a gun or not. >> when you register, i mean, the basic laws just to purchase a gun, a handgun or something else, you've got to fill out the forms and they know from that moment. where you're going with that. >> the fact that i think i have a right to own a gun in the privacy of my own home and that where privacy is very important to me. >> what about the people's houses that don't own a gun and concerned about those and will the criminal find them. david: in other words, the criminals
to the democratic convention and argued for. >> i can't efend him, his company or his actions, but i can tell you, stuart, this is a reason why our political system is letting down ordinary people because it does allow the wealthy empowered take advantage of a system because the elites are not solving our problems. stuart: well, the elite never solve our problems, you know that. >> sometimes they do. >> no, no, no, what you're saying it's a back door argument for tax the rich. >> it's actually a back door argument for reducing taxes, limiting deductions and having a rational tax reform policy in the context of entitlement reform. >> that was romney's plan. lower tax rates, cut some deductions and what are you doing. >> bowles simpson, a democrat. he did the deal with the newt gingrich and bill clinton. you c . stuart: stop smiling. >> every democrat sitting right% there has said the same thing. remember bill clinton. he raised tax rates and it sent off a boom. you don't agree with that? >> i do agree with it, but he also reformed welfare. he was also willing to rein in modestly entitlements and d
to stop government suits, that settled the state actions for medicare reimbursement. individuals still have a right to sue in many states, not in texas, in florida for example a lot of suits go forward. in california some go forward but it is very difficult. the tobacco company lawsuit position is take no prisoners, we will not pay you until the u.s. supreme court says we have to. so expensive -- stuart: something else we about for you. an article in the washington post this morning got me worked. it says the senate would be better if it had more women. here is the quote. some are wondering whether the record-breaking number of women will mean less gridlock, not more in the chamber. women are more collaborative and collegial leaders studies have found. we talked about this at the top of the hour, there will be 20 women in the coming in to the senate, record number in the month of january. wire you laughing? liz: you're going to come to me and have me review this. stuart: i could go to mark lanier if you like. i am not refuting that. i entries. liz: i think women are more collegial and
ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >> so the idea that you could pass a law into the next generation, some of your hard work and somebody who you love would have a nest egg with which to build more? wait, i can feel him. he's on floor 3 and i'm on 10. they don't like that. get back to floor 1 with the rest of the people. stuart: that was in our last hour. dr. keith ablow giving his analysis on the rich after buffett and soros called on congress to increase, make bigger the estate tax. we have another company going to pay an early dividend. it is caterpillar. what's going on, nicole? nicole: it is caterpillar joining over a couple of hundred companies accelerati
in the stock market, a big abrupt plunge to get attention in washington and that's when we got action. so you can look in the future and a number of things like that that could happen that would force washington to do something, but we're not there yet. stuart: no, we're not there yet. as you suggest we could roll everything over, agree to keep disagreeing with the current system in flux, but that only delays the 5 to 7% stock market drop or a downgrade from a ratings agency or a bond market-- >> i'm not sure. that might actually trigger downgrading from the agencies which many people think is come almost regardless and going back to the first time it happened in 2011 when standard & poor's did it cited political digs function a--dysfunction the main reason y did that. and that's what we're seeing all over again and everybody who knows the details will tell you this is not a unsolvable problem. there are solutions laid out all over the place in washington, stacked high on shelves, it's a problem of politicians. getting together to actually solve the problem. so we can do this, it's the govern
Search Results 0 to 18 of about 19

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